In The News

More in US Grow Wary of Globalization

Jon Cohen, Peyton M. Craighill February 4, 2011
The US was a leading proponent of globalization throughout the 20th century, and most Americans approved of the phenomenon in 2001. Just a decade later, about two-thirds of Americans polled report disapproval of globalization’s acceleration, particularly if it threatens US status as the globe’s leading economy. At the same time, Americans are aware that “durability of an interconnected world...

Asia: Eastern Billions Can Still Join the World

Nandan Nilekani January 5, 2011
With global economic recession, many nations look inward, prioritizing domestic concerns and rejecting globalization. But the inward focus may not last for long, predicts Nandan Nilekani, author and former chief executive of Infosys, writing for Financial Times. India’s and China’s growth, combined with their transition from rural agricultural economies to manufacturing giants, could deliver new...

Dream Postponed

Nayan Chanda January 3, 2011
In design and manufacture, aircraft are among the most complex of products. Outsourcing of specialized features can provide efficiencies, but Boeing may have gone too far with the Dreamliner. About 70 percent of Boeing’s aircraft relies on outsourced components, reports Nayan Chanda, YaleGlobal editor, in his regular column for Businessworld, and the aircraft is two years behind schedule. One...

Cholera, Fear Spread Beyond the Border

Fred Tasker, Frances Robles November 19, 2010
Soon after the earthquake hit Haiti in January 2010, world public health officials predicted that poor sanitation and disrupted services could lead to an outbreak of disease. Cholera now spread rapidly throughout the country, killing more than 1000 Haitians and crossing borders into the Dominican Republic and the United States. Thousands more are sickened and violent riots have broken out in...

Once a Winner, China Sees Globalization’s Downside – Part I

David Dapice October 11, 2010
Globalization is a two-way street. Countries cannot endlessly send products out into the world and build up reserves without a push back – benefiting from the world without giving back something – explains this two-part YaleGlobal series. China’s thriving economy depends on exports. By holding down the value of its currency, Beijing attracted foreign investors, reduced prices for global consumers...

When Globalization Falls Short

Nayan Chanda October 4, 2010
History shows that conflict among trade partners is not impossible. That a minor boating mishap threatens economic ties between two global powers does not bode well for increasing interconnectedness, explains YaleGlobal Editor Nayan Chanda in an essay for the Times of India. Nationalistic anger stirs over a group of tiny islands in the East China Sea claimed by Japan and China. With reports of...

Another New World Order

Kevin Lynch September 17, 2010
This century’s diverse series of threats – from the Y2K computer glitch to terrorist attacks, war, financial meltdowns and environmental degradation – have both raised expectations and eroded faith in government leadership, observes Kevin Lynch for the Globe & Mail. He lists four structural trends driving a new world order: globalization, demographics, the information revolution and climate...